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EXHIBIT 10.47

AMENDMENT OF BUSINESS LOAN AGREEMENT


         THIS AMENDMENT OF BUSINESS LOAN AGREEMENT ("Amendment") made SEPTEMBER
1, 1998, by and between UNITED AMERICAN HEALTHCARE CORPORATION, a MICHIGAN
CORPORATION, whose address is 1155 BREWERY PARK BOULEVARD, SUITE 200, DETROIT,
MICHIGAN 48207 (the "Borrower"), and MICHIGAN NATIONAL BANK, a NATIONAL BANKING
ASSOCIATION, whose address is 27777 INKSTER ROAD, FARMINGTON HILLS, MICHIGAN
48333-9065 (the "Bank").


                                    RECITALS

         WHEREAS the Bank has made or agreed to make one or more loans to
Borrower described in and subject to the terms and conditions of a certain
Business Loan Agreement dated MARCH 12, 1998, EFFECTIVE AS OF FEBRUARY 1, 1998
(the "Loan Agreement") and the Related Documents described therein;

         WHEREAS the $22,944,205.00 LINE OF CREDIT LOAN described in the Loan
Agreement (the "Loan") will mature on OCTOBER 1, 1999;

         WHEREAS Borrower has requested the Bank to DECREASE AND AMEND the Loan
and modify and amend the terms and conditions of the Loan Agreement to evidence
that DECREASE AND AMENDMENT and the Bank has agreed to do so upon the terms and
conditions of the Loan Agreement, Related Documents and this Amendment; and

         NOW THEREFORE in consideration of and in reliance upon the foregoing
recitals of fact (which are a material part of this Amendment) and the
agreements between the parties hereinafter set forth, Borrower and Bank AGREE AS
FOLLOWS:


A.       DEFINITIONS:

         Capitalized terms not defined in this Amendment shall have the meaning
provided in the Loan Agreement.


B.       AMENDMENTS TO LOAN AGREEMENT:

1.       SECTION I. of the Loan Agreement is by this Amendment deleted in its
         entirety and replaced by the following new SECTION I.:
         I.       LOANS.  The following Loans and any amendments, extensions, 
         renewals or refinancing thereof are subject to this Agreement:


                                                                         LOAN
                TYPE OF LOAN                  NOTE AMOUNT                DATE


                LINE OF CREDIT                $20,944,205.00        09/__1998

                PURPOSE of Loans listed above:

                DECREASE AND AMENDMENT TO EXISTING LINE OF CREDIT, NOTE NO.
                02007144, USED FOR WORKING CAPITAL LIQUIDITY, AND GUARANTY
                PAYMENT FOR EXISTING LETTER OF CREDIT NO. LC0-17478-DY ISSUED
                FOR INSURANCE PURPOSES FOR THE ACCOUNT OF OMNICARE HEALTH PLAN
                OF LOUISIANA, LISTING LIBERTY BANK AND TRUST AS BENEFICIARY,
                WHICH EXPIRES ON JANUARY 12, 1999.

2.       SECTION II.J. of the Loan Agreement is by this Amendment deleted in its
         entirety and replaced by the following new SECTION II.J.:

         J.       YEAR 2000 PROBLEM. Borrower has reviewed all areas within its
                  business and operations which could be adversely affected by
                  the Year 2000 Problem and, except as Borrower has specifically
                  disclosed to Bank in writing, Borrower has developed and
                  implemented or is developing and will implement a program by
                  not later than January 31, 1999, to assure that Borrower's
                  computer applications will not have a Year 2000 Problem.


3.       SECTION III.A. of the Loan Agreement is hereby deleted in its entirety
         and replaced by the following new SECTION III.A.:

         A.       FINANCIAL REQUIREMENTS.

          1.      MEET WITH BANK TO ESTABLISH FINANCIAL COVENANTS FOR A MINIMUM
                  NET WORTH; DEBT SERVICE COVERAGE RATIO AND MAXIMUM DEBT TO
                  WORTH RATIO, PRIOR TO MARCH 1, 1999.



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4.       SECTION III.B.5. of the Loan Agreement is hereby deleted in its 
         entirety and replaced by the following new SECTION III.B.5.:

         5.       FINANCIAL STATEMENTS. Within THIRTY (30) DAYS after the end of
                  each fiscal QUARTER, furnish to Bank, in form acceptable to
                  Bank, a TURNAROUND STATUS REPORT of Borrower, which Borrower's
                  management prepared for the foregoing period and is certified
                  to be correct by Borrower's Treasurer or Chief Financial
                  Officer.

5.       SECTION III.B. of the Loan Agreement is hereby amended by the addition 
         of the following new SECTION III.B. 11. AND 12.:

         11.      CHFA, INC., FINANCIAL STATEMENTS.  Within TEN (10) DAYS after 
                  receipt, cause to be furnished to Bank, in form acceptable to 
                  Bank, after the end of each QUARTERLY FISCAL PERIOD of each
                  fiscal year, UNAUDITED CONSOLIDATED income and cash flow 
                  statements of CHFA, INC., AND ITS CONSOLIDATED SUBSIDIARIES, 
                  for such period and for the period from the beginning of the 
                  fiscal year to the end of such period, and the related balance
                  sheets as at the end of such period, setting forth in each 
                  case in comparative form the corresponding figures for the
                  corresponding period in the preceding fiscal year; and 
                  UNAUDITED CONSOLIDATED statements of income and cash flow of 
                  CHFA, INC., AND ITS CONSOLIDATED SUBSIDIARIES, for such year 
                  and the related balance sheets at the end of such year, 
                  setting forth in each case in comparative form the 
                  corresponding figures for the preceding fiscal year.

         12.      MANAGEMENT LETTERS, RECOMMENDATIONS AND REPORTS. Promptly upon
                  receipt thereof, furnish to Bank, copies of all management
                  letters, recommendations and reports, INCLUDING, BUT NOT
                  LIMITED TO ANY FINANCIAL STATEMENTS RECEIVED IN ADDITION TO
                  THOSE LISTED IN SECTION III.B. 11. ABOVE, if any, submitted to
                  CHFA, Inc., and any related entities thereof, by any
                  independent certified public accountants in connection with
                  any annual or interim review, compilation or audit of CHFA,
                  Inc., and any related entities thereof, made by such
                  accountants.

6.       SECTION III. N. of the Loan Agreement is hereby deleted in its entirety
         and replaced by the following new SECTION III. N.:

         N.       MANAGEMENT CONTINUATION.  Borrower agrees that CURRENT 
                  MANAGEMENT shall continue to actively manage and operate 
                  Borrower's business, and acknowledges that the Bank has made 
                  the Loans in
                  reliance thereon.

7.       SECTION III. O. AND P. of the Loan Agreement are hereby deleted in
         their entirety.

8.       SECTION V.A. of the Loan Agreement is hereby deleted in its entirety
         and replaced by the following new SECTION V.A.:

         A.       SECURITY/MORTGAGE INTERESTS. Borrower and the other Obligor(s)
                  named in this Agreement have granted or agree to grant to Bank
                  on the date of this Agreement, security/mortgage interests in
                  certain Property as collateral security for the Loans and
                  repayment of the Indebtedness, among which are the following
                  Related Documents:

                  AGREEMENT FOR DIRECT ASSIGNMENT OF NOTE PAYMENTS DATED 
                  SEPTEMBER _____, 1998 PLEDGE AGREEMENT DATED SEPTEMBER _____, 
                  1998 SECURITY AGREEMENT DATED SEPTEMBER _____, 1998

9.       SECTION VI.K. of the Loan Agreement is hereby deleted in its entirety
         and replaced by the following new SECTION VI.K.:

         K.       CANCELLATION OF LETTER OF CREDIT. BORROWER FAILS TO OBTAIN OR
                  ARRANGE FOR THE RETURN OR CANCELLATION OF THE EXISTING LETTER
                  OF CREDIT NO. LC-017478-DY, IN THE AMOUNT OF $500,000.00 FROM
                  THE BENEFICIARY ON OR BEFORE JANUARY 1, 1999.

10.      SECTION VIII. of the Loan Agreement is hereby deleted in its entirety
         and replaced by the following new SECTION VIII.:

         VIII.    CROSS-COLLATERALIZATION/CROSS-DEFAULT.

         A.       Borrower agrees the Collateral is security for the Loans under
                  this Agreement and for all other Indebtedness of Borrower to
                  Bank, whether or not such Indebtedness is related by class or
                  kind and whether or not contemplated by the parties at the
                  time of executing each evidence of Indebtedness. Any Borrower
                  default under the terms of any Indebtedness to Bank shall also
                  constitute an Event of Default under this Agreement and any
                  Event of Default under this Agreement shall be a default under
                  any Indebtedness of Borrower to Bank.

        B.        Unless Bank otherwise consents in writing, Borrower shall take
                  the following actions in the event of a default by CHFA, Inc.,
                  on the secured note (which default is not cured within any
                  applicable grace period provided for therein):  (i) notify
                  CHFA, Inc., and guarantor in writing of the occurrence of
                  default and acceleration of the secured note payment
                  obligations; (ii) initiate and prosecute legal proceedings
                  against CHFA, Inc., to collect the secured note and enforce
                  secured note obligations; (iii) initiate and prosecute
                  foreclosure proceedings with respect to collateral; (iv)
                  initiate and prosecute legal proceedings against guarantor to
                  enforce guarantor obligations, and (v) take any and all other
                  actions as Bank may reasonably direct to assure collection and
                  payment of the secured note.
                                                                                
11.      SECTION IX.L. of the Loan Agreement is hereby deleted in its entirety
         and replaced by the following new SECTION IX.L.:

         L.       ADDITIONAL COSTS AND EXPENSES AFTER DEFAULT. Borrower
                  acknowledges and agrees that after an Event of Default the
                  Bank will incur additional fees, costs and expenses not
                  included in the Bank's original pricing of the Loans,
                  including, without limitation, field audits of the Bank's
                  Collateral, the salary and fringe benefits of the defaulted
                  loans officer assigned to the Loans, the professional fees of
                  appraisers, accountants, lawyers, field engineers and other
                  consultants, and the cost to the Bank of obtaining, verifying
                  and/or updating property surveys, Environmental Laws reports,
                  insurance coverages, tax searches, title reports and Uniform
                                                                               
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                  Commercial Code search fees, and Borrower agrees to pay all of
                  said fees, costs and expenses incurred by the Bank, at the
                  Bank's cost, and authorizes the Bank to charge any of
                  Borrower's Bank accounts as and when said fees, costs and
                  expenses are incurred.

12.      SECTION IX.M. of the Loan Agreement is hereby deleted in its entirety
         and replaced by the following new SECTION IX.M.:

         M.       COMMITMENT FEE.  Borrower hereby agrees to pay to Bank, upon
                  execution of this Agreement and related documents, a TEN
                  THOUSAND AND 00/100 DOLLAR ($10,000.00) non-refundable
                  Commitment Fee.
 
13.      SECTION IX. of the Loan Agreement is hereby amended by the addition of
         the following new SECTIONS, IX.N. AND IX.O.:

         N.       NOTICE OF SALE. Borrower agrees and understands that should
                  CHFA, Inc., decide to sell CHF, Borrower shall immediately
                  provide verbal, followed with written, notice to Bank. All
                  such documentation and issues which would affect the security
                  being pledged to Bank as stated on, but not limited to, the
                  Pledge Agreement by and between Borrower and Bank executed on
                  even date hereof shall be provided to Bank for Bank's review
                  and approval of same within a reasonable time frame to be
                  determined by Bank.

         O.       AGREEMENT. Borrower hereby agrees and understands that this
                  Loan is subject to the terms and conditions of a certain
                  Agreement dated August 31, 1998, by and between CHFA, Inc.,
                  and Bank (the "CHFA Agreement").

14.      SECTION XI. of the Loan Agreement is hereby deleted in its entirety and
         replaced by the following new SECTION XI.:

         XI.      ADDITIONAL AGREEMENTS:

         SEE THE BUSINESS LOAN AGREEMENT ADDENDUM (LINE OF CREDIT WITH LETTER OF
         CREDIT ADVANCES), DATED MARCH 12, 1998, EFFECTIVE AS OF FEBRUARY 1,
         1998, AS AMENDED BELOW, FOR ADDITIONAL TERMS AND CONDITIONS.


C.       AMENDMENTS TO ADDENDUM TO BUSINESS LOAN AGREEMENT:

1.       SECTION I. of the Business Loan Agreement Addendum (Line of Credit with
         Letter of Credit Advances) is hereby deleted in its entirety and
         replaced by the following new SECTION I.:

         I.       LINE OF CREDIT LOAN

                  Under those terms and conditions set forth in the Business
         Loan Agreement and in this Addendum, and provided there shall exist no
         Event of Default, Bank agrees from time to time, at Borrower's request,
         to provide Borrower with Advances in an aggregate amount up to but not
         to exceed THE LESSER OF the sum of TWENTY MILLION FOUR HUNDRED FORTY
         FOUR THOUSAND TWO HUNDRED FIVE AND 00/100 DOLLARS ($20,444,205.00), or
         the maximum of Advances allowable under the Advance Requirement set
         forth in Section IV of this Addendum, AND CREDIT ADVANCES UP TO BUT NOT
         TO EXCEED FIVE HUNDRED THOUSAND AND 00/100 DOLLARS ($500,000.00), (the
         "Line of Credit Loan").

2.       SECTION III. of the Business Loan Agreement Addendum (Line of Credit
         with Letter of Credit Advances) is hereby deleted in its entirety and
         replaced by the following new SECTION III.:



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         III.     EXPIRATION OF BANK'S COMMITMENT

                  Bank's obligation to make any Advance or Credit Advance under
         the Line of Credit Loan and Line of Credit Note shall automatically (a)
         cease and terminate upon the maturity date stated in the Line of Credit
         Note; (b) suspend or terminate (at Bank's option), upon the occurrence
         of any Event of Default unless Bank in writing agrees to waive said
         Event of Default; AND (C) CREDIT ADVANCE UNDER THE LINE OF CREDIT LOAN
         AND LINE OF CREDIT NOTE SHALL AUTOMATICALLY CEASE AND TERMINATE ON
         JANUARY 1, 1999, OR BORROWER WILL BE IN DEFAULT. No subsequent Advance
         by Bank shall be construed as a waiver by Bank of the benefit of this
         provision, nor shall Bank be estopped thereby to refuse any subsequent
         Borrower Advance request.

3.       SECTION IV. of the Business Loan Agreement Addendum (Line of Credit
         with Letter of Credit Advances) is hereby deleted in its entirety and
         replaced by the following new SECTION IV.:

         IV.      ADVANCE REQUIREMENT

                  All Advances and Credit Advances to Borrower under the Line of
         Credit Loan shall be made under the following Advance Requirement:

         A.       PAY DOWNS AND READVANCES UNDER THE LINE OF CREDIT LOAN WILL BE
                  ALLOWED TO THE EXTENT THAT THE LOAN HAS BEEN PAID DOWN FROM
                  CASH FLOW OR ASSET SALES EXCLUDING THE PAYMENT PROCEEDS
                  RECEIVED FROM CHFA, INC., AND/OR BORROWER FROM THE SALE OF
                  CORPORATE HEALTH CARE, FINANCING, INC. ("CHF"), PLUS;

         B.       PAYMENT PROCEEDS, AS STATED ABOVE AND DEFINED IN SECTION X.,
                  ARE TO BE APPLIED AS PERMANENT REDUCTIONS TO THE BANK'S
                  COMMITMENT UPON RECEIPT BY BANK, PLUS;

         C.       BY APRIL 1, 1999, BANK'S COMMITMENT SHALL BE PERMANENTLY
                  REDUCED TO THE LESSER OF THE THEN OUTSTANDING PRINCIPAL
                  BALANCE OR $8,000,000.00, PLUS;

         D.       ON OR BEFORE JANUARY 1, 1999, BORROWER WILL OBTAIN OR ARRANGE
                  FOR THE RETURN OR CANCELLATION OF THE EXISTING LETTER OF
                  CREDIT NO.: LC-017478-DY, IN THE AMOUNT OF $500,000.00 FOR THE
                  ACCOUNT OF OMNICARE HEALTH PLAN OF LOUISIANA, LISTING LIBERTY
                  BANK AND TRUST AS THE BENEFICIARY, AT WHICH TIME CREDIT
                  ADVANCE CAPABILITY WILL CEASE TO EXIST.

4.       SECTION VI. of the Business Loan Agreement Addendum (Line of Credit
         with Letter of Credit Advances) is hereby deleted in its entirety and
         replaced by the following new SECTION VI.:

         VI.      CREDIT ADVANCE PROCEDURE

                  Subject to Paragraph III above, Credit Advances would be
         provided to Borrower through DECEMBER 31, 1998, upon Bank receiving
         draft instructions, acceptable to Bank, from Liberty Bank and Trust on
         Letter of Credit No. LC-017478-DY, in an amount not to exceed Five
         Hundred Thousand and 00/100 Dollars ($500,000.00). Credit Advances
         shall be made only under the following terms and conditions:

         A.       Borrower acknowledges and agrees that the Letter of Credit
                  issued by Bank for the account of OMNICARE HEALTH PLAN OF
                  LOUISIANA is subject to all terms and conditions set forth in
                  the Application including, without limitation, the grant to
                  Bank of a security interest in such collateral as is
                  identified in the Business Loan Agreement and/or in the
                  Application.

         B.       Borrower shall pay to Bank, for the Letter of Credit issued by
                  Bank for the account of OMNICARE HEALTH PLAN OF LOUISIANA, all
                  fees, charges, and expenses specified in Bank's international
                  department standard fee schedule then in effect including,
                  without limitation, issuance fees, payment fees, amendment
                  fees, non-utilization fees, communication and delivery
                  expenses, and any and all costs and expenses, including
                  reasonable attorneys' fees, incurred by Bank in defending any
                  suit or claim brought against the Bank by any Letter of Credit
                  beneficiary.  For each Letter of Credit draft received and
                  paid by Bank, Borrower's obligation to immediately put Bank in
                  good funds shall be funded by an Advance under the Line of
                  Credit Note to the extent unpaid Advances and other open and
                  outstanding Credit Advances do not exceed the lesser of the
                  Line of Credit Loan or Advance Requirement, otherwise Borrower
                  shall immediately pay Bank the entire amount of any Letter of
                  Credit draft paid by Bank.
 
5.       SECTION VIII.A. of the Business Loan Agreement Addendum (Line of Credit
         with Letter of Credit Advances) is hereby deleted in its entirety and
         replaced by the following new SECTION VIII.A.:

         A.       Any Event of Default under the Business Loan Agreement of
                  which this Addendum is a part, INCLUDING, BUT NOT LIMITED TO
                  BORROWER'S FAILURE TO OBTAIN OR ARRANGE FOR THE RETURN OR
                  CANCELLATION OF THE EXISTING LETTER OF CREDIT NO.
                  LC-017478-DY, ON OR BEFORE JANUARY 1, 1999;



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6.       SECTION DEFINITIONS of the Business Loan Agreement Addendum (Line of
         Credit with Letter of Credit Advances) is hereby deleted in its
         entirety and replaced by the following new SECTION X. DEFINITIONS:

         X.       DEFINITIONS

         The following terms used in this Addendum shall have the following
meanings:

         A.       "ADVANCE" or "ADVANCES" shall mean a loan or loans of money 
                  from Bank to Borrower.

         B.       "ADVANCE REQUIREMENT" shall mean the maximum aggregate
                  Advances and Credit Advances for which Borrower from time to
                  time will be eligible under the Line of Credit Loan by
                  application of the requirements set forth in Section IV above.

         C.       "CREDIT ADVANCE" shall mean the Bank's liability, direct or
                  contingent, for or arising under Letter of Credit No.
                  LC-017478-DY, issued by Bank.

         D.       "LETTER OF CREDIT" shall have the meaning ascribed to such
                  term under Article 5 of the Michigan Uniform Commercial Code,
                  as amended from time to time, as supplemented by the Uniform
                  Customs and Practice for Documentary Credits, ICC Publication
                  500, as amended from time to time, PERTAINING TO LETTER OF
                  CREDIT NO. LC-017478-DY.

         E.       "PAYMENT PROCEEDS" SHALL MEAN THE PRINCIPAL AND INTEREST
                  PAYMENTS AS STATED ON A SECURED PROMISSORY NOTE AND UNSECURED
                  PROMISSORY NOTE BY AND BETWEEN BORROWER AND CHFA, INC.,
                  PLEDGED TO BANK UNDER A PLEDGE AGREEMENT OF EVEN DATE HEREOF
                  BY AND BETWEEN BORROWER AND BANK.

D.       SURVIVAL:

         In all other respects and except as expressly amended, modified or
restated in this Amendment, the Loan Agreement and all of the terms, covenants
and conditions thereof as originally executed and delivered and heretofore
modified and amended are hereby ratified and confirmed in their entirety and
shall remain in full force and effect until all of the Loans, with all accrued
interest thereon, shall be fully paid and satisfied.

E.       EFFECT OF AMENDMENT AND CONSTRUCTION WITH LOAN AGREEMENT AND RELATED 
         DOCUMENTS:

         This Amendment shall not be construed as an agreement to substitute a
new obligation or to extinguish an obligation under the Loan Agreement or
Related Documents and shall not constitute a novation as to the obligations of
the parties. If any express conflict shall exist between the agreements of the
parties herein and as set forth in the Loan Agreement or the Related Documents,
this Amendment shall govern and supersede the agreements set forth in the
previous documents. The Loan Agreement and Related Documents shall continue in
full force and effect, and except as above specifically modified and amended,
shall be unamended, unchanged, and unmodified by this Amendment and shall
continue to secure to Bank the repayment and performance of Borrower's
Indebtedness to Bank.


         IN WITNESS WHEREOF Borrower and Bank have executed this Amendment on
the date first above written.


                                     BORROWER:

                                     UNITED AMERICAN HEALTHCARE
                                     CORPORATION,
                                     a MICHIGAN CORPORATION


                                     By: /s/ Grgory Moses
                                         Gregory Moses
                                     Its: Chief Operating Officer

                                     AND


                                     By: /s/ Paul G. Samuels
                                         Paul G. Samuels
                                     Its: Interim Chief Financial Officer




           (CONTINUED ON THE FOLLOWING PAGE)
                                     BANK:

                                     MICHIGAN NATIONAL BANK,
                                     A NATIONAL BANKING ASSOCIATION


                                     By: /s/ Eric L. Johnson
                                          Eric L. Johnson
                                     Its:  Corporate Asset Manager